NEWS

I don’t like to use inflammatory language, such as the title of this article, but the message from the mainstream media about gold demand is a lie misleading.Yes, coin purchases in North America are down compared to last year (a record-setting year, by the way). It’s been soft at a few other Mints as well, such as Perth.

There is a very specific condition for silver that has been a fairly reliable predictor for the price. Once this condition is met, silver has historically soared over the next two to three years. Since the mid-1990s, the gold/silver ratio (gold price divided by the silver price) has hit 80 a total of four times. While the ratio has certainly been higher in the past, since 1995 it has reversed shortly after touching this figure. And what has the silver price done when the ratio reverses?

A third of Chinese bank assets being "bad" would be nothing short of a "doomsday" scenario for China's financial system also explains the relentless attempts by local to park their money offshore before the system one day "unexpectedly" crashes.

While the US Fed remains puzzled as to why US inflation is so low, President Maduro & his Socialist compadres has managed to lower Venezuela's annual inflation rate from a crippling 1,823% on August 4, 2017 to "only" 1,195% as of August 15, 2017. Meanwhile, Venezuela's 2 year sovereign yield has jumped from…